Business

May 11, (THEWILL) — The Senate has confirmed Lamido Yuguda as a Deputy Governor of the Central Bank of Nigeria (CBN), following his nomination by President Bola Ahmed Tinubu in March 2026. Yuguda’s confirmation, concluded in April 2026, forms...

-As Bullish Trend Reshapes Nigeria’s Investment Landscape May 11, (THEWILL) — Nigeria’s capital markets are undergoing a significant reallocation of funds as institutional investors pivot from equities to government securities, driven by a widening yield gap that has redefined risk-return...

May 11, (THEWILL) — Following its return to profitability after years of financial pressure, Guinness Nigeria Plc is now focused on sustaining growth through operational efficiency, localised decision-making, and consumer-driven innovation. Managing Director and Chief Executive Officer of Guinness...

May 11, (THEWILL) — A bill seeking to harmonise taxes and eliminate the collection of levies by unions and other unauthorised groups in Lagos State is currently being considered by the Lagos State House of Assembly. The bill, titled “A...

May 11, (THEWILL) — The Auditor-General for the Federation, Shaakaa Chira, has emphasised the importance of proper documentation and record keeping, saying they remain fundamental to governance, accountability and national development. News Agency of Nigeria (NAN) reports that Chira said...

May 11, (THEWILL) — The Nigerian naira continued its impressive rally against the United States dollar, with fresh market data showing the local currency gaining momentum amid improving foreign exchange inflows and stronger investor confidence. In the first half...

May 11, (THEWILL) — Nigeria’s five Tier-1 lenders, collectively known as FUGAZ banks, recorded a sharp rise in loan impairment charges in 2025 as worsening macroeconomic conditions and mounting repayment pressures weighed on borrowers. The banks First HoldCo Plc,...

May 10, (THEWILL) — Nigerian banks, fintech platforms, and customers are enjoying the advantages of strategic commitments made by the Nigeria Inter-Bank Settlement System (NIBSS) in developing a world-class e-payment system. NIBSS is a shared service payment infrastructure company that...

May 10, (THEWILL) — The Nigerian equities market closed the week on a positive note, as improved investor activity lifted key market indicators despite pockets of profit-taking across some large-cap stocks. The Nigerian Exchange Limited recorded a total turnover of...

May 10, (THEWILL) — The Nigerian Exchange’s surge to the 242,000-point threshold in May 2026 has cemented one of the strongest bull runs in its history, but beneath the headline performance lies a sharply imbalanced market structure where a...